Mom, 7 adult children win $429.6 million Powerball jackpot
ASSOCIATED PRESS
A lottery player filled out numbers on a powerball form in Oakland, Calif. on Jan. 12. Eight members of the Smith family announced that they had the sole winning ticket for the $429.6 million Powerball jackpot purchased in Trenton for last Saturday’s drawing.
LAWRENCEVILLE, N.J. » A woman and her seven adult children stepped forward today to claim a $429.6 million Powerball jackpot.
Eight members of the Smith family announced that they had the sole winning ticket purchased in Trenton for last Saturday’s drawing. They plan to tithe 10 percent of the money to their church.
One of the daughters said the family matriarch spent $6 for two tickets for drawings held last Wednesday and Saturday. They have hired attorneys to help them with the money and will take a trip to the usual family spot, though they wouldn’t say where that was.
The trip to claiming the jackpot began last week at a 7-Eleven in Trenton when someone bought two $2 tickets, one each for drawings held last Wednesday and Saturday, and spent an extra $1 on each ticket to get the “Power Play” option that multiplies the winnings.
The purchaser chose the lower lump sum option over the higher-valued annuity, making Saturday’s sole winning ticket worth $284 million before taxes.
“They spent $6 to win $284 million. That’s a pretty good investment,” Carole Hedinger, the New Jersey Lottery’s executive director, said earlier this week.
Most of the convenience store’s customers are locals who come in a few times a week to buy coffee or a soda and maybe a sandwich or snack. That led area residents to speculate that the person who holds the winning ticket may be living among them.
The ticket is the largest single jackpot winning ticket sold in New Jersey and the sixth-largest in Powerball history.
The winning numbers were 5-25-26-44-66, and the Powerball number was 9.
Powerball is played in 44 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
The odds of winning are one in 292.2 million.
21 responses to “Mom, 7 adult children win $429.6 million Powerball jackpot”
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After taxes divided by 8 people is $17 to $18 million each. What a great problem to have!
“They have hired attorneys to help them with the money …” Very wise.
Whaaaaaat? Da Ricaaans and Virgin Islands can play powerball and lottery, but the 50th state no can? Unbelievable!
perhaps one day, the city will have one to help pay the $20 BILLION rail system.
Thought was $30 Billion.
That’s because Hawaii government leaders think that Hawaii people are too stu*pid and will squander their entire paychecks on lottery tickets, leaving their kids without food, clothing, and shelter.
Thank your leaders at the next election.
Meanwhile our legislators are packing their pockets with $$$ from Vegas.
True that.
Good to see money going to people who could really use it.
Ditto, they will use it wisely. Only once in a lifetime!
Did the kids pay part of the $6 purchase price or was the woman actually the sole winner?
Does it matter? All in the Ohana.
>>>The odds of winning are one in 292.2 million
Except in Hawaii where the odds are zero.
Nice! Would be great to have that here but our politicians all have gambling problems.
“They spent $6 to win $284 million. That’s a pretty good investment”.
Carole, that’s a gamble, not “a pretty good investment”. A “pretty good investment” on $6.00 would be 60 cents in one year, or five cents in one month. That’d be .833% interest, which is a “pretty good investment” for a month. Five cents a month is 20 times what the bank would pay you in interest on $6.00..
Well, better tell them that. I’m sure they’ll be appropriately chagrined.
TigerEye, sure thing
“They have hired attorneys to help them with the money …”……..obviously not very bright people. Will they hire gardeners to clean the toilets?
It’s a very wise decision….lawyers will keep the riffraff at bay. Losers tend to come out of the woods and woodwork when they smell money. My lawyer is also a certified tax accountant and though we have no where near what would be considered massive wealth, we still want to protect what we have.
I’m pretty sure the attorneys will elect a team of competent professionals(not just lawyers) to manage the finances.
If I won that ticket, my family would be rich also. Good for them!